Q&A

Our Q&A section features questions that the FedSmith.com authors answer that our readers send to them. We share them here to help you with your federal career as well as planning for your retirement. We encourage you to send your questions to the authors for use in future posts.

Is There Critical Info My Financial Advisor Might be Missing?

October 5, 2015 8:43 AM

I work with an advisor with whom I feel pretty comfortable but wonder if there is any critical info he might be missing because he rarely deals with federal employees. Is there something in particular I can ask him to check into, to make sure?

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Why Are Some Wage Grade Employees Not Getting Money Owed to Them?

October 1, 2015 6:09 AM

Why are some employees under the Federal Wage System not being paid the full amount they are owed?

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How is the FERS Supplement Calculated?

September 29, 2015 6:06 AM

If I retire under FERS with 36 years of service prior to age 66 when I could receive the full Social Security amount, how is the supplement calculated or valued?

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Impact of LEO 'Bridge' on Federal Pension

September 17, 2015 6:15 AM

I was employed in a law enforcement officer position and retired under FERS. I am collecting my annuity and the “bridge.” I have an opportunity to be hired in a non LEO, part time position in the federal government. I understand that the “bridge” will be affected by the earnings amount but will it affect my pension?

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Is There a Rule That GS-9 and Above Employees Cannot Get Overtime?

September 14, 2015 5:41 AM

I am curious if there is a rule/law that GS-9 and above cannot get overtime or comp time. Is there such a thing as a unwritten rule that a station can have to prevent this?

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Retirement Planning Advice For Those Over 70

September 10, 2015 6:23 AM

I’m over 70 and planning to retire in my late 70s. Are there one or two key things I should be looking at to start planning?

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Can I Apply for Half of My Husband’s Social Security While Waiting to Withdraw Mine?

September 1, 2015 5:24 AM

I am planning to retire at age 63 and waiting to withdraw my Social Security until I reach age 66. While my husband is still working, can he withdraw his Social Security at age 64? Can I apply for half of his Social Security while I am waiting to withdraw my Social Security?

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Promotion While On Pay Retention

August 27, 2015 4:51 AM

OPM.gov gives examples of GS promotions while on retained pay using the 2 step rule. But how do you calculate a GS promotion step if your retained pay is already well above the amount computed using the 2 step rule?

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Was My Personal Information Hacked… Or Not?

August 25, 2015 4:55 AM

I recall reading that federal employees would be notified by June 30 whether or not their personal data had been compromised in the OPM data breaches, and if they received no notice, they could assume they were not compromised. Can you help me locate where I read this and how to determine the status of my personal information?

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What Happens to My Retirement Contributions if I Die Soon After I Retire?

August 20, 2015 4:06 AM

If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the remainder without paying additional taxes on it, since it has already been taxed?

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